We offer host of professional services to Non-Resident Indians (NRI’s) and Persons of Indian Origin (PIO’s) settled abroad. Some of the services offered are:
A) Allottment of PAN number
Requirement of PAN Card:
You need to quote your PAN Number, for trading in shares, mutual funds, debentures etc. and for property transactions. Your income earned will attract Tax Deduction at Source (TDS) and whether or not you have PAN, the TDS is deducted. If you have a PAN number, it is very convenient to claim Tax refund, if your are eligible for the same. More over PAN is required to be quoted for certain bank transactions.
Procedure to get a PAN Card:
Once we receive your request for PAN, we shall e-mail you the standard format in which you are required to furnish us details specified therein. You can send the same by a return email. Based on the information given, we shall prepare and e-mail you the application for obtaining Permanent Account Number (PAN), which you can download, sign and send it to us for submission with the Income-tax Department. We shall obtain the number and PAN Card and send it to you.
B) Filing of Return of Income
Our services with respect to filing of your return of income
Once we receive your request to file Return of Income, we shall send you the standard format in which you are required to furnish us details of your Incomes. Once the same is received from you, we shall compute your tax liability or refund, as the case may be and send you by mail, your Return of Income. You can download the same, sign it and send us attaching the required enclosures. We shall file the Return, and send you the acknowledgment received from Income Tax Department. Basing on requirement, we will attend the assessment, obtain the Assessment Order and inform you the tax liability or refund.
C) Wealth Tax
Wealth Tax Act contains the provisions relating to taxation of wealth of certain persons on their net wealath.
D) Capital Gains
Capital gains arising from the transfer of a capital assets being shares or debentures of an Indian company, gold, Immovable property and any other capital asset are taxable and we will guide you in filing your tax returns and relevant assessment procedures.
E) FEMA / RBI Related Services
1. Compliance of the procedure including Chartered Accountants certificate for repatriation of income / assets from India.
2. Making application to Reserve Bank of India for purchase / sale of residential and commercial properties including renting out of properties.
3. Making applications to Reserve Bank of India for purchase / sale of shares, debentures & securities and directly to and from Residents and Non Residents in India and outside India.
F) Wealth Management Advisory Services
Advisory Services relating to scope of investments in equity, debt, mutual funds, bank deposits, real estate and insurance.